Account Executive

**Key Responsibilities**:

- **Financial Reporting & Analysis**:

- Prepare and analyze daily, weekly, and monthly financial reports, including P&L statements, balance sheets, and cash flow statements.
- Monitor key performance indicators (KPIs) related to sales, costs, and profitability, identifying trends and potential areas for improvement.
- Assist in the preparation of annual budgets and forecasts.
- Provide financial insights and recommendations to the General Manager and management team to support strategic decision-making.
- **Accounts Payable & Receivable**:

- Manage the full cycle of accounts payable, including vendor invoice processing, reconciliation, and timely payments.
- Ensure accurate and timely processing of accounts receivable, including monitoring daily sales, credit card reconciliations, and resolving discrepancies.
- Oversee petty cash management and reconciliation.
- **Cost Control & Inventory Management**:

- Collaborate with the F&B team to monitor and control food, beverage, and operational costs.
- Assist in conducting regular inventory counts (food, beverage, dry goods) and reconciling discrepancies.
- Analyze inventory variances and recommend strategies to minimize waste and optimize stock levels.
- Track and manage consumption of raw materials.
- **Cash Management & Reconciliation**:

- Oversee daily cash reconciliation, ensuring all sales are accurately recorded and deposited.
- Reconcile bank statements and credit card statements.
- Monitor cash flow and flag any potential issues.
- **Compliance & Audit**:

- Ensure compliance with all local, state, and federal financial regulations and tax requirements (e.g., GST, TDS).
- Prepare necessary documentation for internal and external audits.
- Maintain accurate and organized financial records and documentation.
- **Payroll & HR Support (Financial Aspects)**:

- Assist in verifying payroll data and ensuring accurate financial posting of payroll expenses.
- Manage employee reimbursements and advances.
- **System & Process Improvement**:

- Identify opportunities to streamline accounting processes and improve efficiency using accounting software and tools.
- Ensure proper use and integration of POS systems with accounting software.
- **Ad-hoc Duties**:

- Perform other finance-related duties as assigned by the General Manager or Regional Finance Manager.

**Qualifications**:

- Bachelor's degree in Accounting, Finance, or a related field.
- **Minimum of 5+ years of progressive experience in accounting roles, with a significant portion of that experience (at least 2-3 years) in the hospitality, F&B, or retail sector.** Experience in a high-volume restro bar or restaurant environment is highly preferred.
- Proficiency in accounting software (e.g., Tally, QuickBooks, SAP, Xero) and advanced Excel skills.
- Strong understanding of generally accepted accounting principles (GAAP) and financial reporting.
- Excellent analytical, problem-solving, and decision-making abilities.
- High degree of accuracy and attention to detail.
- Ability to work independently and as part of a team in a fast-paced, dynamic environment.
- Strong communication and interpersonal skills.
- Ability to manage multiple priorities and meet tight deadlines.
- Integrity and discretion in handling confidential financial information.
- **Familiarity with GST and TDS regulations specific to the Indian context.**

**Bonus Points**:

- Experience with specific POS systems common in the hospitality industry (e.g., Toast, Micros, Revel Systems).
- Knowledge of inventory management software.

Pay: From ₹40,000.00 per month

**Benefits**:

- Food provided
- Health insurance
- Provident Fund

**Experience**:

- Hospitality: 5 years (required)

Work Location: In person